We’ve all seen the bumper sticker that reads: “I’m spending my kids’ inheritance.” It’s funny, right? Think again, states Toronto-based HomEquity Bank. According to the results of the 2016 Seniors’ Views of Inheritance survey recently conducted for that firm, a surprising 86% of Canadian seniors are unwilling to “forgo doing, achieving or acquiring something” in […]

As elderly clients die and leave estates for their children, financial advisors inevitably will lose some assets from their books, retain some assets and gain some. Here are steps you can take to keep those losses to a minimum and retain the heirs as your clients